India: IDFC, Shriram Capital in merger talks

India: IDFC, Shriram Capital in merger talks

Photo: Aniruddha Chowdhury/Mint

Shriram Capital Ltd and IDFC Ltd are in talks to merge their businesses to create a financial services behemoth with combined revenue of more than $4 billion, three people directly aware of the talks said on condition of anonymity.

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